Bayern-Kapital’s management as of April 1: Monika Steger and Georg Ried.
Photos: Bayern Kapital

Bayern Kapital gets new managing director

Roman Huber, the current managing director of Bayern Kapital, will retire on March 31. The venture capital company of the Free State of Bavaria has appointed Monika Steger to the management board in his place.

Monika Steger will take over Roman Huber's role in the management of Bayern Kapital from April 2022. Steger has held senior positions at Bayern Kapital since 2003, has been an authorized signatory since 2010, and has been a deputy member of the management since 2012. Together with Georg Ried, who has been a member of the management of Bayern Kapital since 2013, Company She forms the new dual leadership of Bayern Kapital.

Bavaria's Minister of Economic Affairs Hubert Aiwanger says:

"Monika Steger and Dr. Georg Ried are two experienced fund managers who complement each other perfectly as a dual leadership team. They have been deeply rooted in the company for many years. This is a positive and important signal for Bayern Kapital's employees and business partners. Our venture capital firm currently manages around €700 million. In partnership with private investors, it offers innovative startups from Bavaria powerful equity financing from the seed to the growth phase. Since July 2021, investments of up to €25 million have even been possible through the Scaleup Fund Bavaria."

Bayern Kapital “one of the most active investment firms for innovative companies in the DACH region”

Bernhard Schwab, Chairman of the Board of the sole shareholder LfA Förderbank Bayern, says:

"The Bayern Kapital management team, together with a very good team, has written a success story over many years and developed Bayern Kapital into one of the most active investment firms for innovative companies in the DACH region. With the decision for Dr. Georg Ried and the appointment of Monika Steger, we are committed to continuity for the future management with a highly successful management team – both before and during the pandemic."

Roman Huber retires after more than 25 years of service in Pursue He will retire at the end of March 2022. He was a member of the Shareholder Advisory Board responsible for operational investment business from 1996 to 2005 and Managing Director from 2006. Roman Huber has operated very successfully and made Bayern Kapital an internationally relevant, positive location factor in Bavaria, according to Aiwanger and Schwab. The shareholders express their sincere gratitude for this.

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